Thomas Sowell discusses “Hollywood Economics [1]:”
It is not really news that Hollywood is still producing anti-business movies, but there is a certain irony in it nevertheless.
Although these movies tap a certain envy and resentment of corporate wealth, that large corporate wealth comes from far more modest individual amounts of money from about half the population of the United States, which owns stocks and bonds — either directly or because money paid into pension funds or other financial intermediaries are used to buy stocks and bonds.
It does seem the liberals are obsessed with giving away other peoples’ money. Liberals don’t employ anybody who works at Walmart. Yet liberals somehow feel that Walmart is not paying her employees enough.